Sizzling Platter partners with Bain Capital for growth, aiming to accelerate expansion

Utah-based restaurant franchise platform Sizzling Platter partners with Bain Capital for growth. The undisclosed investment aims to accelerate growth with leading restaurant brands like Little Caesars and Dunkin’.
Sizzling Platter, founded in 1963, boasts 800 locations, 13,000 employees, and brands like Wingstop and Jamba. CEO Nathan Garn will continue to lead the company.
Bain Capital’s investment will enhance Sizzling Platter’s capabilities and foster accelerated growth. The private equity firm sees the company as uniquely positioned for global franchising leadership.
BofA Securities and Kirkland & Ellis advised Bain Capital, while UBS Investment Bank and Proskauer Rose counseled Sizzling Platter and CapitalSpring. Multiple banks provided committed debt financing for the deal.
Financial advisory services were provided by Deutsche Bank and North Point. “Sizzling Platter partners Bain Capital to accelerate expansion” was originally reported by Verdict Food Service.

Read more at Yahoo Finance: Sizzling Platter partners Bain Capital to accelerate expansion